The common European currency surged by 62 pips or 0.47% against the Japanese Yen on Thursday. The currency pair tested the upper line of a descending channel pattern at 131.80 during Thursday's trading session.
The support of the zone just above the 1,770.00 level was enough for the metal's price to surge above the 55, 100 and 200-hour simple moving averages. By the middle of Thursday's European trading hours, the price was heading to the resistance of the 1,800.00 mark. If the metal manages to pass the resistance of the 1,800.00 level, the rate could
At mid-day on Thursday, the USD/JPY broke the support of the channel up pattern, which had guided the rate since late April. In the near term future, the rate was expected to reach the support of the 109.00 level, which had been impacting the rate throughout the recent history. If the 109.00 level provides support, the rate would most likely aim
The resistance zone above the 1.3923 level held out. During the early hours of Thursday's trading, the GBP/USD rate had passed the support of the trend line, which pushed the rate up during this week. At mid-day, it was spotted that the rate was finding short term support in the 55, 100 and 200-hour simple moving averages. In the case of
The zone from the 1.2000 mark to the 1.1985 level managed to provide the EUR/USD currency exchange rate with enough support for the rate to surge. By the middle of Thursday's European trading hours, the rate had reached above the resistance of the 55 and 100-hour simple moving averages. In the near term future, the pair could reach the resistance of
The US Dollar declined by 47 pips or 0.38% against the Canadian Dollar on Wednesday. The 50– hour simple moving average pressured the exchange rate lower during Wednesday's trading session.
The British Pound declined by 48 pips or 0.31% against the Japanese Yen on Wednesday. The decline was stopped by the 50– hour simple moving average during yesterday's trading session.
The Australian Dollar surged by 46 pips or 0.60% against the US Dollar on Thursday. A breakout occurred through the upper boundary of a descending channel pattern during Thursday's trading session.
The common European currency edged lower by 40 pips or 0.31% against the Japanese Yen on Wednesday. The currency pair breached the 50– and 200– hour SMAs during Thursday's trading session.
After testing the 1,800.00 level's resistance on Tuesday, the yellow metal declined. On Wednesday, the price was fluctuating almost sideways between the 1,770.00 and 1,785.00 levels. In the meantime, the price appeared to respect the resistance of the 55-hour simple moving average. In the case of the price passing the resistance of the 55-hour simple moving average and the 1,785.00 level,
Since early Tuesday's European trading hours, the US Dollar has been testing the 109.50 level against the Japanese Yen. In the meantime, the rate has been finding support in the 55 and 100-hour simple moving averages, which have been slowly moving higher. In the case of the rate passing the resistance of the 109.50 level, the USD/JPY currency exchange rate could
By the middle of Wednesday's European trading hours, the GBP/USD currency exchange rate was testing the resistance of the zone above the 1.3920 level, which already stopped the rate's May 3 sharp surge. If the rate passes the resistance zone from 1.3920/1.3932, the rate could reach for the April high level at 1.3975. In the case of the 1.3975 mark being
On Wednesday, the EUR/USD currency exchange rate passed the 1.2000 mark's support. It indicates that the rate could extend its decline. A potential target for the pair's decline would be the weekly S1 simple pivot point at 1.1976. If the pivot point holds and causes a move up, the rate could find resistance in the 55-hour SMA near 1.2030. Afterwards,
The US Dollar edged higher by 75 pips or 0.61% against the Canadian Dollar during the first half of Tuesday's trading session. However, the currency pair erased the early profits at the end of the day.
During the first half of Tuesday's trading session, the British Pound fell by 85 pips or 0.56% against the Japanese Yen. However, the currency pair recovered at the end of the session.
The Australian Dollar declined by 75 pips or 0.96% against the US Dollar on Tuesday. The currency pair breached the 50– hour simple moving average during yesterday's trading session.
The common European currency declined by 45 pips or 0.34% against the Japanese Yen on Tuesday. The decline was stopped by the 200– hour simple moving average during Tuesday's trading session.
The US Dollar continued to trade sideways against the Canadian Dollar on Friday. The currency pair made about 38 pips 0.31% movement during Friday's trading session.
The British Pound edged lower by 114 pips or 0.75% against the Japanese Yen on Friday. The currency pair breached the 50– hour simple moving average at 151.57 during Friday's trading session.
The Australian Dollar fell by 80 pips or 1.02% against the US Dollar on April 30. The currency pair breached the 50– and 200– hour simple moving averages during Friday's trading session.
The common European currency declined by 77 pips or 0.58% against the Japanese Yen on Friday. The currency pair tested the lower boundary of an ascending channel pattern at 131.32 during Friday's trading session.
The US Dollar traded sideways against the Canadian Dollar on Thursday. The USD/CAD currency pair made about 35 pips or 0.28% move during Thursday's trading session.
The British Pound has declined by 85 pips or 0.56% against the Japanese Yen since yesterday's trading session.
The Australian Dollar declined by 55 pips or 0.72% against the US Dollar on Thursday. The decline was stopped by the 200– hour simple moving average during Thursday's trading session.